RDA Financial Network Raises Position in Golub Capital BDC, Inc. (NASDAQ:GBDC)

RDA Financial Network lifted its stake in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC) by 9.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 34,312 shares of the investment management company’s stock after buying an additional 2,944 shares during the period. RDA Financial Network’s holdings in Golub Capital BDC were worth $520,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Nicholas Hoffman & Company LLC. lifted its stake in Golub Capital BDC by 1.8% during the 3rd quarter. Nicholas Hoffman & Company LLC. now owns 38,531 shares of the investment management company’s stock valued at $582,000 after acquiring an additional 664 shares in the last quarter. Neville Rodie & Shaw Inc. lifted its position in shares of Golub Capital BDC by 1.3% during the third quarter. Neville Rodie & Shaw Inc. now owns 54,557 shares of the investment management company’s stock valued at $824,000 after purchasing an additional 715 shares in the last quarter. Sanctuary Advisors LLC lifted its position in shares of Golub Capital BDC by 1.1% during the third quarter. Sanctuary Advisors LLC now owns 71,988 shares of the investment management company’s stock valued at $1,101,000 after purchasing an additional 769 shares in the last quarter. Moors & Cabot Inc. boosted its holdings in Golub Capital BDC by 2.3% during the third quarter. Moors & Cabot Inc. now owns 38,143 shares of the investment management company’s stock worth $576,000 after purchasing an additional 875 shares during the last quarter. Finally, The Manufacturers Life Insurance Company grew its position in Golub Capital BDC by 3.4% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 35,382 shares of the investment management company’s stock worth $556,000 after purchasing an additional 1,150 shares in the last quarter. Institutional investors own 42.38% of the company’s stock.

Golub Capital BDC Trading Up 0.5 %

Shares of GBDC stock opened at $15.33 on Friday. The company has a quick ratio of 4.73, a current ratio of 4.73 and a debt-to-equity ratio of 1.15. The firm has a market cap of $4.05 billion, a P/E ratio of 10.87 and a beta of 0.53. The company has a 50 day moving average of $15.25 and a 200-day moving average of $15.18. Golub Capital BDC, Inc. has a 12-month low of $14.05 and a 12-month high of $17.72.

Golub Capital BDC Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 9th were given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 10.18%. The ex-dividend date of this dividend was Monday, December 9th. Golub Capital BDC’s dividend payout ratio is currently 110.64%.

Wall Street Analyst Weigh In

GBDC has been the topic of several recent analyst reports. Wells Fargo & Company dropped their target price on shares of Golub Capital BDC from $15.50 to $15.00 and set an “equal weight” rating on the stock in a research report on Thursday, November 21st. StockNews.com upgraded Golub Capital BDC from a “sell” rating to a “hold” rating in a report on Friday, November 29th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $16.40.

About Golub Capital BDC

Golub Capital BDC, Inc (GBDC) is a business development company and operates as an externally managed closed-end non-diversified management investment company. It invests in debt and minority equity investments in middle-market companies that are, in most cases, sponsored by private equity investors.